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Profitability

The National Youth Service Corps (NYSC) has deployed 1,400 corps members to Gombe State for the 2019 Batch B Stream II orientation course.

NSPRI: Each corps member to get N2 million for agriculture

The Federal Government has said that it will empower members of the National Youth Service Corps that venture into agriculture after their one year mandatory service with the sum of N2m.
Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

Fidelity boss named banking sector CEO of the decade

Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

IFAD-VCDP programme contributes 653,843 metric tons of cassava to Nigeria’s food security – coordinator

The Federal Government/International Fund for Agricultural Development (IFAD)-Value Chain Development Programme (VCDP) has contributed 653,843 metric tons of cassava to Nigeria’s food security.
President Muhammadu Buhari is currently presiding over the quarterly meeting of the National Security Council (NSC) at the State House, Abuja.

President Buhari: Low productivity, lack of reliable market, others hinder farmers

President Muhammadu Buhari on Thursday said that smallholder farmers have seen their livelihoods constrained by a host of challenges such as low productivity, lack of reliable markets, and poor rural access roads.
The Nigerian Export Promotion Council (NEPC) says it is working with relevant ministries departments and agencies for payment of N124 billion backlog of claims under the Export Expansion Grant (EEG) scheme.

NEPC, MDAs working to clear N124 billion backlog of export claims – director

The Nigerian Export Promotion Council (NEPC) says it is working with relevant ministries departments and agencies for payment of N124 billion backlog of claims under the Export Expansion Grant (EEG) scheme.
MainOne

MainOne MDXI data centre gets certification

MDXi, West Africa’s leading commercial data centre provider has received Tier III Certification on the Design Documents of its new Appolonia Data Centre from Uptime Institute, The Global Data Centre Certifying Authority.
Shareholders of Ardova Plc (AP) have said the agreement for the company to sell lubricants of Shell in Nigeria is a positive development that will boost the performance of the petroleum products marketing firm.

Ardova shareholders upbeat on Shell lubricants deal

Shareholders of Ardova Plc (AP) have said the agreement for the company to sell lubricants of Shell in Nigeria is a positive development that will boost the performance of the petroleum products marketing firm.
Director General of the SEC, Mr. Lamido Yuguda, stated this on Tuesday at a Webinar organised by the Nigerian Stock Exchange (NSE), in collaboration with the Nigeria Governors’ Forum (NGF) and the Nigerian Investment Promotion Council (NIPC) with the theme: Privatisation in Nigeria and the Outlook for Subnational Economic Development.

SEC: Governments can unlock potentials by privatisation

The Securities and Exchange Commission, SEC, has stated that the Federal and State Governments have the capabilities to unlock enormous potentials through privatisation.
The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Nigerian government inaugurates mini water treatment plant in Yobe

Federal Ministry of Agriculture and Rural Development on Tuesday inaugurated a mini water treatment plant in Gashua, Bade Local Government Area of Yobe.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Official: Why SEC banned public companies from distributing gifts at annual general meetings

Publicly quoted companies were banned from distributing corporate gift items at their annual general meetings (AGMs) to avoid profits that should be shared to investors being spent on such gifts, Securities and Exchange Commission (SEC) said on Sunday.

NDIC: Banks’ profit up by 106% to N310 billion in 2018

The banking industry recorded 106 per cent increase in profitability to N310 billion in 2018 from N150 billion in 2017.
Passengers at Copenhagen Airport in Kastrup hope to get on other airlines as SAS pilots go on strike [Davali-Ritzau Scanpix via Reuters]

Scandinavian airline pilots strike, travel plans of 170,000 passengers at risk

Pilots at Scandinavian carrier SAS have walked off the job in Sweden, Denmark and Norway, stranding more than 72,000 travellers as 673 flights were cancelled, the airline said.
Birmingham City

Birmingham City given nine-point deduction

Birmingham City have been deducted nine points rules for breaching rules on profitability and sustainability, the English Football League (EFL) has announced.
Amy Jadesimi

Amy Jadesimi: Respect, equality key to sustainable partnership

The Managing Director of Lagos Deep Offshore Logistic Base (LADOL), Dr. Amy Jadesimi, has described respect and equality as the key to successful and sustainable partnership in any business environment, particularly in high growth and low income market.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

Pro-Atiku group faults plan to sell NNPC

The Atiku-Agbaje Media Engagement Network has urged the Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, to rescind his proposed policy on sale of NNPC if elected.

Social Media Creatives to hold free training for SMEs on November 1

Leading ‘DIY’ social media design and service platform, Social Media Creatives, is set to hold a practical and hands-on training on online Brand Management and Social Media Marketing, to help SME’s improve their branding and marketing activities on social medium on Thursday, November 1st, 2018.
Lafarge SA

Lafarge Africa plans N90 billion fresh capital injection to boost profitability

The board of Lafarge Africa Plc has approved the extension ofexisting shareholder loan of $315 million and a new Right Issue of up to N90 billion as part of efforts to reduce the company’s leverage and strengthen its profitability.

NSIA’s profit drops by N107 billion in 2017

The Nigeria Sovereign Investment Authority (NSIA), the agency managing the Sovereign Wealth Fund has recorded a decline in its profit from N130.3 billion in 2016 to N22.5 billion in 2017.

Recent Stories

The United States has said more than $6bn has been invested in Nigeria’s HIV-AID control, even as more than one million women and children are currently on HIV treatment through the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR).

World AIDS Day: U.S. spends $6 billion on one million patients in Nigeria

The United States has said more than $6bn has been invested in Nigeria’s HIV/AID control, even as more than one million women and children are currently on HIV treatment through the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR).
President-elect Joe Biden unveiled his picks for several top economic positions on Monday, including former Federal Reserve Chair Janet Yellen as his nominee for Treasury Secretary, setting the stage for a more diverse White House.

Wisconsin formally declares Joe Biden as winner of presidential election

Wisconsin became the last of six states to officially declare victory for Joe Biden late on Monday, in spite of the legal challenges posed by President Donald Trump to stop the certification of results.
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

Borno killings: House of Reps to invite President Buhari over nation’s security situation

The House of Representatives may today reach a resolution to invite President Muhammadu Buhari to give explanations on the true security situation of the country.
KARIM BENZEMA OF REAL MADRID CELEBRATES 1-0 WITH TEAMMATES DURING THE UEFA CHAMPIONS LEAGUE MATCH BETWEEN REAL MADRID V INTERNAZIONALE AT THE ALFREDO DI STEFANO STADIUM ON NOVEMBER 3, 2020 IN MADRID. GETTY IMAGES

Real Madrid travel to Ukraine for must-win Champions League game

Real Madrid travel to Ukraine for this evening’s Champions League clash with Shakhtar Donetsk in the knowledge that victory is absolutely crucial as explained by Mundo Deportivo.
Super Falcons striker Asisat Oshoala continued her impressive goal scoring form as she grabbed a brace in Barcelona Ladies’ 7-0 thrashing of Sporting de Huelva in the Spanish women’s league.

UEFA.com Women’s Team of the Year voting now open

For the first time you can now vote for the UEFA.com fans’ Women’s Team of the Year, with 50 players available when selecting your chosen XI.